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Iowa · FIPS 19125 · HUD FY 2027

Marion County, Iowa Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Marion County is $1,021 a month (rent plus utilities), 8% below the Iowa average of $1,113 and 42% below the U.S. average of $1,761. That is up $5 (0.5%) from FY 2026. At 30% of income, a household needs about $40,840 a year to afford it.

  • $1,0212-bedroom FMR+$5 (+0.5%) vs FY 2026
  • $8261-bedroom FMRIowa: $902 · U.S.: $1,478
  • $40,840Income for a 2-bedroom$20/hour full-time
  • 25 of 992BR rank in Iowa1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,021/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Marion County FMR$1,021$40,840–
Iowa average$1,113$44,509–
U.S. average$1,761$70,432–
Marion County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMarion County FY 2027FY 2026ChangeIowa avgU.S. avgIncome needed
Studio$711$701+$10 (+1.4%)$846$1,379$28,440
1 bedroom$826$808+$18 (+2.2%)$902$1,478$33,040
2 bedrooms$1,021$1,016+$5 (+0.5%)$1,113$1,761$40,840
3 bedrooms$1,217$1,218−$1 (−0.1%)$1,475$2,266$48,680
4 bedrooms$1,378$1,356+$22 (+1.6%)$1,649$2,607$55,120

How Marion County compares

  • Marion County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
  • Across Iowa, 2-bedroom FMRs run from $927 (Worth County) to $1,450 (Harrison County).
  • Studio to 4-bedroom: $711, $826, $1,021, $1,217, $1,378. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 12 ZIP codes mostly in Marion County (by land area), the 2-bedroom figure ranges from $930 to $1,190.

Small Area FMRs by ZIP code in Marion County

FY 2027 Small Area Fair Market Rents, ZIP codes in Marion County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
50044$650$740$930$1,120$1,250+$10 (+1.1%)9% below
50057$680$750$950$1,200$1,280−$10 (−1.0%)7% below
50062$650$750$930$1,100$1,250−$30 (−3.1%)9% below
50116$670$740$930$1,170$1,260no change9% below
50119$760$880$1,090$1,300$1,470+$70 (+6.9%)7% above
50138$670$780$960$1,140$1,300no change6% below
50163$650$750$930$1,100$1,250+$10 (+1.1%)9% below
50214$760$820$1,030$1,290$1,410no change1% above
50219$830$960$1,190$1,420$1,600+$20 (+1.7%)17% above
50225$670$770$950$1,140$1,290−$10 (−1.0%)7% below
50252$800$860$1,050$1,360$1,450−$10 (−0.9%)3% above
50256$700$780$980$1,180$1,320+$20 (+2.1%)4% below

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Iowa counties · How HUD sets these rents